Olive branch, no chequebook, for Dalton in America’s Cup wrangle

Olive branch, no chequebook, for Dalton in America’s Cup wrangle
A late bid seeks to keep Team NZ's home town advantage in The America's Cup. (Image: Getty)
Pattrick Smellie
Grant Dalton can lead Team New Zealand in the next America’s Cup as long as he’s not in charge of the money provided by central government, local bodies and private donors, says the backer of an initiative to stop the cup going offshore in 2024.With only 10 working days left before Team NZ is due to announce the venue for the 37th America’s Cup challenge, Greymouth Petroleum chair Mark Dunphy insists he has the necessary $80 million of private funding but only if Dalton is kept away from the purse strings.Dunphy believes this...

More Policy

Labour’s tax plan by the numbers
Policy

Labour’s tax plan by the numbers

Labour has chosen a small target CGT and a popular health target.

Pattrick Smellie 28 Oct 2025
Labour's CGT: 'the moderates have won'
Economy

Labour's CGT: 'the moderates have won'

A 'first step' policy that may not raise much revenue.

Pattrick Smellie 28 Oct 2025
Online gambling receipts balloon amid efforts to regulate sector
Policy

Online gambling receipts balloon amid efforts to regulate sector

Offshore online gambling providers filed $290.3m of GST receipts in six months to July.

Gregor Thompson 28 Oct 2025
How Pharmac's set-up risks higher health costs
Economy

How Pharmac's set-up risks higher health costs

Pharmac's fixed budget discourages use of cost-saving medicines common elsewhere.

Pattrick Smellie 23 Oct 2025